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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 22. (a) The governing board may lease a part of the hospital buildings if the board determines that the use of the leased premises will aid the hospital in the performance of the hospital's services. A lease must:
(1) be in writing;
(2) be for definite periods; and
(3) require payment of lease rentals at least monthly.
(b) If the board enters into a lease or sublease contract with the state authority, the board may pledge as security for payment under the contract the funds that the governing board receives from a tax levy under section 27 of this chapter.
Cite this article: FindLaw.com - Indiana Code Title 16. Health § 16-22-3-22 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-16-health/in-code-sect-16-22-3-22/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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